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Robinhood: Stealing from the poor and giving to the rich?

Robinhood: Stealing from the poor and giving to the rich?

Calling Bullsh!t

November 16, 202247m 26s

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Show Notes

Robinhood aims to make investing friendly, approachable, and understandable for newcomers and experts alike. 

Although trading is free for the user, Robinhood makes a small amount of money for every single trade made on the app. The more you trade, the more money they make.

So is making investing free through an app the same as democratization?

Show Notes

This episode uses the following tracks from FMA under a Creative Commons Attribution License: “Assignment” by BoxCat Games, “Day Bird” and “Calm The Fuck Down” by Broke For Free, “Another beep beek beer please” by Rolemusic, “Feels Good 2 B” and “Fat Caps” by Jason Shaw.

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Topics

RobinhoodInvestingInvesting AppTechGambling